Market News
South African rand firms after PMI data, markets gear up for US vote - REUTERS
JOHANNESBURG, Nov 5 (Reuters) - South Africa's rand edged higher on Tuesday after the release of a local purchasing managers' index and as the United States headed to the polls to elect its next leader.
At 1523 GMT, the rand traded at 17.445 against the U.S. dollar , up 0.33% from its previous close.
The dollar last traded about 0.3% softer against a basket of currencies.
South Africa's private sector maintained its growth trajectory in October, bolstered by a decline in business costs and selling prices, a PMI survey showed.
